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  REO & bank owned residential or commercial properties FAQs
  
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  Chase Real Estate Owned Properties
  
  Definitions
  
  What is a bank-owned or "REO" residential or commercial property?
  
  Real Estate Owned or "REO," is a banking term used to describe a residential or commercial property that was obtained by a bank, lending institution or servicer as a result of a foreclosure or deed-in-lieu of foreclosure. Once the foreclosure or deed-in-lieu of foreclosure process is completed, the title has been transferred and the residential or commercial property is prepared to be marketed, it will be readily available for sale through a local realty agent.
  
  Who would I get in touch with if I have questions about a residential or commercial property?
  
  All Chase REO residential or commercial properties are noted with a regional real estate representative. The regional realty representative is your finest source for information about the residential or commercial property. The listing representative's information is typically located on a "For Sale" check in the yard or a quick web search of the residential or commercial property's address will result in sites with this information.
  
  Is a list of Chase foreclosures available?
  
  Due to privacy concerns, we do not provide lists of residential or commercial properties in the foreclosure procedure.
  
  Buying a Chase REO residential or commercial property
  
  Does Chase sell REO residential or commercial properties directly to the public?
  
  No, the regional listing property representatives coordinate with potential buyers and present all deals to us.
  
  Does Chase sell residential or commercial properties at a discount rate?
  
  We note and offer residential or commercial properties at their reasonable market value.
  
  Can I make a deal on a residential or commercial property before the foreclosure is complete?
  
  Yes, sometimes a residential or commercial property is noted for sale by its owner prior to a foreclosure sale. You can provide a pre-foreclosure offer to the owner's listing representative for the residential or commercial property, not us. Your genuine estate agent ought to be able to work with you and assist you present a deal to the owner's realty representative.
  
  How can I purchase a REO residential or commercial property from Chase?
  
  We use select nationwide providers to manage our REO residential or commercial properties. These companies employ a number of local agents to market and sell the residential or commercial properties. Any showings and deals need to be directed through the local representatives.
  
  We presently use the following suppliers: 24 Asset Management Corporation/ 24asset. com
  
  Offers for Chase REO residential or commercial properties need to be made through the listing realty agent.
  
  I already have a property agent. Can I present a deal to you through my realty representative?
  
  You can ask your realty representative to compose your offer and present it to the local property representative, who'll then present it to us. The sale of the residential or commercial properties follows standard property treatments appropriate to the state where the residential or commercial property is located.
  
  Can I inspect the residential or commercial property?
  
  If residential or commercial property being acquired is uninhabited of occupants and individual possessions you can schedule a residential or commercial property evaluation if you have a completely carried out sales agreement with us to acquire the residential or commercial property. Any inspections will be at your expenditure and needs to be arranged through the listing agent. All Chase REO residential or commercial properties are provided and sold "as is," "where is," and with "all faults" basis without representation or warranty. Similar to any other genuine estate deal it is the duty of the purchaser to schedule any evaluations they consider required.
  
  Financing
  
  Do you provide financing options on the Chase REO residential or commercial properties?
  
  Yes, we may use financing for particular residential or commercial properties. Please call the Home Lending Advisor at your regional Chase Bank branch for additional details about our financing alternatives.
  
  Tenant, Relocation Assistance, Other
  
  I am a property representative. Can I list Chase REO residential or commercial properties?
  
  Chase doesn't work with real estate agents directly. We utilize a picked nationwide provider to handle our REO residential or commercial properties. This service provider utilizes regional agents to market and offer the residential or commercial properties.
  
  You can reach this supplier through the following channel:
  
  24 Asset Management Corporation
• Email: vendormanagement@24asset.com!.?.! I am a tenant in a foreclosed residential or commercial property. Who should I get in touch with? The regional realty agent assigned to the residential or commercial property will attempt to reach you after the foreclosure sale. You can also connect to the law company who dealt with the foreclosure for more details. Relocation Assistance may be readily available on a case by case basis to assist in moving costs. The regional realty agent will try to make contact and will have the ability to provide additional details. Follow us: -Facebook- Instagram- X, previously Twitter -YouTube -LinkedIn -Pinterest Chase Home Lending We offer a range
  of mortgages for
  purchasing a new home or re-financing your existing one. New to homebuying
  ? Our Learning Center
  
  offers user friendly mortgage calculators, academic articles and more. Our supreme guide for newbie property buyers offers an introduction of the procedure from start to end up. And from looking for a loan to managing your mortgage, Chase MyHome has everything you need. Buying a Home Whether you're identifying how much home you can pay for, estimating your regular monthly payment with our mortgage calculator or looking for
  preapproval for
  
  a mortgage, we can help you at any part of the home purchasing procedure. See our present mortgage rates, low down payment options, and jumbo mortgage loans. Refinance Refinance your existing mortgage to reduce your regular monthly payments, settle your loan faster, or access money for a large purchase. Use our home worth estimator
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  existing value of your home. See our present re-finance rates and compare refinance alternatives. Affordability Our affordable financing choices, consisting of FHA loans and VA loans, help make homeownership possible. Take a look at our price calculator, and look for homebuyer grants
  
  in your location. Visit our mortgage education center for useful ideas and information. And from applying for a loan to managing your mortgage, Chase MyHome has you covered. Home Lending Customer Service Go to Chase mortgage services to manage your account. Make a mortgage payment, get info on your escrow, send an insurance claim, demand a reward quote or check in to your account
  
  . Go to Chase home equity services to manage your home equity account. About Chase Chase serves countless people with a broad range of products. To get more information, go to the Banking Education Center. For concerns or issues, please contact Chase client service or let us know at Chase
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